UOBKH Retail Market Monitor 13 May 2022 FBMKLCI: 1,538.8 (- | ShareNews2U

UOBKH Retail Market Monitor 13 May 2022

FBMKLCI: 1,538.8 (-17.13)
Support: 1,520, 1,500
Resistance: 1,600, 1,620

Top Gainers: -
Top Losers: PMETAL (-5.3%), INARI (-1.9%), IOICORP (-3.4%)

Bursa Trade Statistics:
Local Institutions (46.4%): +RM41.4m
Local Retail (26.2%): +RM103.8m
Foreign (27.4%): -RM145.2m

MSCI Asia : 157.54 (-2.42, -1.51%)
NASDAQ : 11,370.96 (+6.72, +0.06%)
S&P500 : 3,930.08 (-5.10, -0.13%)
DJIA : 31,730.30 (-103.81, -0.33%)

USD/MYR : 4.3927 (+0.0090)
SGD/MYR : 3.1452 (-0.0077)

Crude Oil : $107.14 (+1.73)
Gold : $1,820.80 (-32.60)

Stocks to watch:

1) BIMB (5258); Technical BUY with +9.4% potential return
*Last: RM2.970 Target: RM3.11, RM3.25 Stop: RM2.89
*Timeframe: 2 weeks to 2 months
*Syariah: YES

2) BJLAND (4219); Technical BUY with +21.3% potential return
*Last: RM0.235 Target: RM0.260, RM0.285 Stop: RM0.195
*Timeframe: 2 weeks to 2 months
*Syariah: NO

3) AEON (6599); Technical BUY with +26.5% potential return
*Last: RM1.620 Target: RM1.79, RM2.05 Stop: RM1.520
*Timeframe: 2 weeks to 2 months
*Syariah: YES

For full report, please log in to www.utrade.com.my